There is a Continuous growth in “Augmented Reality Market” in last five years and also continued for the forecasted period of 2018 to 2023. Augmented Reality industry report analyses the outline of the global market with respect to major regions and segmented by types and applications. Augmented Reality Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.
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In 2017, the augmented reality market was valued at USD 5.85 billion and is projected to reach a value of USD 70.01 billion by 2023, registering a CAGR of 51.24%, during 2018-2023 (the forecast period). The scope of this report is limited to the solutions that are offered by the major market players, including providers of hardware and software. The technology segment discussed in the report is limited to head-mounted display, heads-up display, virtual retinal display, and spatial augmented reality systems. While the regions considered in the scope of the report include North America, Europe, Asia-Pacific, and Rest of the World. Also, the study emphasizes on various attack points in augmented reality technological innovations, new developments in the usage, and augmented reality investments.,Augmented reality is the future of mobile devices. It will allow consumers to experience a new dimension, based on user preferences. About 22.8 million AR glasses are expected to be shipped by 2020. The user base for AR technologies is also expected to grow beyond 1 billion by 2020. Augmented Reality is likely to present a completely new way to engage and expand the abilities of retailers. The possibilities of augmented reality are endless, especially when combined with the ever-evolving wireless technology, which enables the integration of mobile devices and home appliances, in order to provide an enhanced connected experience for the end users. Huge potential opportunities in biotechnology and healthcare are expected to drive the growth of the augmented reality market over the forecast period.
Key Vendors of Augmented Reality Market: Google Inc.,Microsoft Corporation,Facebook Inc,Samsung Co Ltd.,Apple Inc,Qualcomm Vuforia,Metaio Sdk,Total Immersion,Sphero Inc,Sony Corporation,Popar Co Ltd,Nintendo Co Ltd.,Layar Bv,Daqri Llc,Zappar Ltd., Others…
Augmented Reality Market Dynamics
- Drivers
– Increased Demand For Smartphone Based Ar Applications
– Introduction Of Low Cost Devices And Increasing Purchasing Power In Developing Countries - Restraints
– Lack Of Awareness Of Technology And Its Safety Aspects
– High Setup Cost And The Lack Of Avaiability Of Battery Backup - Indusrty Attractiveness- Porter’s Five Forces Analysis
– Bargaining Power Of Suppliers
– Bargaining Power Of Consumers
– Threat Of New Entrants
– Threat Of Substitute Products
– Competitive Rivalry Within The IndustryRequest Discount at: – https://www.absolutereports.com/enquiry/request-discount/13100650
Global Augmented Reality Market, by Geography: – US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia
Key Developments in the Augmented Reality Market:
January 2018: Google introduced a new Google expeditions, which provides augmented reality to schools and enables better understanding and learning experience for the students. Also, it is being used to visualize 3D landscapes, world landmarks, etc.
December 2017: Pokémon Go, a game that uses AR for the gameplay, released an update, which used Apple augmented reality tech for the functioning.Major Points Covered in Table of Content of Augmented Reality Market:
- Introduction
- Research Methodology
- Executive Summary
- Key Inferences
- Market Overview
- Augmented Reality Market Dynamics
- Market Segmentation
- Competitive Landscape
- Key Players
- Future of the Market
And Many More….
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